Part 10Special rules about charitable trusts etc

Gifts and other payments

521AF1Gifts under payroll deduction schemes: income tax liability and exemption

1

This section applies if gifts are made to charitable trusts by individuals and the gifts are donations for the purposes of Part 12 of ITEPA 2003 (payroll giving).

2

Income tax is charged on the gifts under this section.

3

It is charged on the full amount of the gifts arising in the tax year.

4

But a gift is not taken into account in calculating total income so far as it is applied to charitable purposes only.

5

The trustees of the charitable trust are liable for any tax charged under this section.